Studio · 427 sqftMag 890, District Seven · 7th floor · completed 2023

701, Mag 890

Sold prices and rental history: sold twice, last in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 25 February 2025
Last soldAED 720K25 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Mag 890

What is 701 worth today?

Last sold for AED 720,000 in 2025

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25 Feb 2025SoldReady
AED 720,000AED 1,686 per sqft
27 Dec 2020Sold by developerOff-plan
AED 531,790AED 1,239 per sqft

Source: Dubai Land Department. Updated 25 February 2025.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
7th of 8
Parking
G-97
Developer
MAG
Completed
2023
Last sold
AED 720K · February 2025
Building
Mag 890

About 701, Mag 890

701 is a studio of 427 sqft on the 7th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 25 February 2025 for AED 720,000, or AED 1,686 per sqft, in line with the AED 1,667 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical studio in Mag 890
400K600K800K20192021202320252027Typical sale price by year: 2019 AED 425,000; 2020 AED 432,000; 2021 AED 480,000; 2022 AED 490,000; 2023 AED 602,500; 2024 AED 672,500; 2025 AED 750,000; 2026 AED 775,000Sold by developer, December 2020: AED 531,790 (AED 1,239 per sqft)Sold, February 2025: AED 720,000 (AED 1,686 per sqft)

701 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 701, each contractTypical studio in Mag 890
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mag 890, and where 701 sits

All 99 studios →

701 last sold in February 2025 at AED 1,686 per sqft, in line with what studios in Mag 890 were fetching at the time (AED 1,667). Over the last 12 months studios sold for AED 740,000 to 785,000, around AED 1,875 per sqft, and rent for AED 40,000 to 58,000 a year.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026775,000
16 Feb 2026770,000
27 Jan 2026785,000
30 Jul 2025780,000
5 studio sales in the last 12 months

Mag 890

Building

128 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 6 sold in the last 12 months.

Typical price per sqft
AED 1,865
Typical sale
AED 773K
Typical rent
AED 56K /yr
Typical yield
7.2%
Mag 890, District Seven: prices, sales and rents →

Other units on the 7th floor

All 128 units in Mag 890
Value
702StudioAED 460K · Jun 2019
703StudioAED 420K · Dec 2020
704StudioAED 695K · Aug 2024
705StudioAED 429K · May 2019
706StudioAED 429K · May 2019
707StudioAED 560K · Sep 2023
708StudioAED 660K · Aug 2024
1–7 of 15

701, Mag 890 in numbers

  • Sold twice: first on 27 December 2020 for AED 531,790, last on 25 February 2025 for AED 720,000 (AED 1,686 per sqft).
  • Studios in Mag 890 sold for AED 740,000–785,000 in the 12 months to November 2026; the building's median across all types is AED 1,865 per sqft.

Source: Dubai Land Department. Updated 25 February 2025.

Questions about 701, Mag 890

What did unit 701 last sell for?

AED 720,000 on 25 February 2025: AED 1,686 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 531,790 in December 2020.

How big is unit 701?

427 sqft (39.7 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 890 sold for AED 740,000 to 785,000 in the last 12 months, around AED 1,875 per sqft.

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Mortgage on 701, Mag 890

Starts from the last sale price (AED 720K, 25 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →